Instacart (Maplebear Inc.) Ratios | P/E, ROE & Valuation

On the Key Ratios page for Instacart (Maplebear Inc.) (CART), the latest P/E of 27.1 frames valuation, while ROE 17.63% and ROIC 17.57% indicates profitability and capital efficiency. Together with the current ratio of 2.28 and debt-to-equity 0.01, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

CART Historical Per Share Metrics

7 years
Metric (FY)TTM202420232022202120202019
Revenue per Share$17.00$12.76$23.29$9.22$6.63$5.34$3.91
Net Income per Share$2.04$1.73$-12.42$1.55$-0.26$-0.25$-9.71
Operating Cash Flow per Share$5.24$2.60$4.49$1.00$-0.74$-0.33$-8.97
Free Cash Flow per Share$5.00$2.35$4.06$0.91$-0.82$-0.35$-9.27
Cash per Share$3.62$5.75$16.74$6.20$5.40$5.15$0.00
Book Value per Share$9.88$11.69$30.07$9.97$8.13$5.70$0.00
Tangible Book Value per Share$7.85$10.29$27.04$8.45$6.93$5.63$0.00
Interest Debt per Share$0.14$0.10$0.31$0.18$0.20$0.18$0.00
CAPEX per Share$0.24$0.24$0.43$0.09$0.08$0.03$0.29

CART Historical Valuation Ratios

7 years
Metric (FY)TTM202420232022202120202019
Price to Earnings (P/E)27.1223.99-1.8921.78-127.72-133.19-3.47
Price to Book (P/B)5.213.540.78-145.68-16.275.920
Price to Sales (P/S)3.033.241.013.655.086.318.62
Enterprise Value to EBITDA15.3717.19-0.4672.18-182.92-163.140
EV to Sales2.852.830.323.084.495.520
EV to Operating Cash Flow9.2513.911.6528.4-40.35-89.640
EV to Free Cash Flow9.6915.341.8331.34-36.42-83.240
Enterprise Value$11.39B$9.56B$968.56M$7.87B$8.23B$8.16B$0.00

CART Historical Profitability Ratios

7 years
Metric (FY)TTM202420232022202120202019
Return on Equity (ROE)17.63%14.78%-41.30%-668.75%12.74%-4.44%0.00%
Return on Invested Capital (ROIC)17.57%12.16%-41.93%12.89%-1.14%0.53%0.00%
Return on Tangible Assets15.83%12.20%-37.44%13.17%-2.78%-3.37%0.00%
Earnings Yield3.97%4.17%-52.91%4.59%-0.78%-0.75%-28.80%
Free Cash Flow Yield9.70%5.68%17.29%2.69%-2.42%-1.05%-27.50%
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%

CART Historical Liquidity & Financial Strength

7 years
Metric (FY)TTM202420232022202120202019
Current Ratio2.283.384.513.454.054.850
Interest Coverage0000000
Income Quality2.561.5-0.360.652.791.30.92
Debt to Equity0.010.010.01-0.77-0.090.030
Debt to Assets0.97%0.63%0.85%1.34%1.82%2.43%0.00%
Net Debt to EBITDA-0.98-2.531.01-13.3624.2723.320

CART Historical Efficiency Ratios

7 years
Metric (FY)TTM202420232022202120202019
Receivables Turnover4.083.333.573.032.22.840
Payables Turnover17.7610.4510.618.1810.13260
Inventory Turnover0009.660800
Days Sales Outstanding89.49109.56102.35120.47165.58128.50
Days Payables Outstanding20.5534.9334.444.6136.0214.040
Days of Inventory on Hand00038.020.600

CART Historical Market Metrics

7 years
Metric (FY)TTM202420232022202120202019
Enterprise Value to EBITDA15.3717.19-0.4672.18-182.92-163.140
Market Cap$12.11B$10.96B$3.07B$9.32B$9.32B$9.32B$1.84B
Enterprise Value$11.39B$9.56B$968.56M$7.87B$8.23B$8.16B$0.00
Dividend Yield0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Payout Ratio0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

How does Instacart (Maplebear Inc.)’s P/E ratio compare with its history?

On this page, CART's current P/E is 27.1, compared with a multi-year average around 24.3. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Instacart (Maplebear Inc.) market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $12.11B. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Instacart (Maplebear Inc.)’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Instacart (Maplebear Inc.)'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Instacart (Maplebear Inc.) compare to its competitors in key financial ratios?

The fastest way to compare Instacart (Maplebear Inc.) with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Instacart (Maplebear Inc.) outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Instacart (Maplebear Inc.)'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Instacart (Maplebear Inc.) is financially strong. Current ratio is about 2.28, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 0.00, implying less buffer for servicing interest costs. Debt-to-equity is about 0.01, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Instacart (Maplebear Inc.)'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Instacart (Maplebear Inc.) is sustaining strong returns (for example ROE at 17.63% and ROIC at 17.57%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.